BW Stock | | | USD 1.98 0.05 2.59% |
Babcock Wilcox financial indicator trend analysis is way more than just evaluating Babcock Wilcox Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Babcock Wilcox Enter is a good investment. Please check the relationship between Babcock Wilcox Common Stock Shares Outstanding and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Babcock Wilcox Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Common Stock Shares Outstanding vs Other Assets
Common Stock Shares Outstanding vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Babcock Wilcox Enter Common Stock Shares Outstanding account and
Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Babcock Wilcox's Common Stock Shares Outstanding and Other Assets is -0.62. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets in the same time period over historical financial statements of Babcock Wilcox Enterprises, assuming nothing else is changed. The correlation between historical values of Babcock Wilcox's Common Stock Shares Outstanding and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Babcock Wilcox Enterprises are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Babcock Wilcox's Common Stock Shares Outstanding and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Other Assets
Most indicators from Babcock Wilcox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Babcock Wilcox Enter current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Babcock Wilcox Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
At this time, Babcock Wilcox's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to climb to about 12.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Babcock Wilcox fundamental ratios Correlations
Click cells to compare fundamentals
Babcock Wilcox Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Babcock Wilcox fundamental ratios Accounts
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Additional Tools for Babcock Stock Analysis
When running Babcock Wilcox's price analysis, check to
measure Babcock Wilcox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Babcock Wilcox is operating at the current time. Most of Babcock Wilcox's value examination focuses on studying past and present price action to
predict the probability of Babcock Wilcox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Babcock Wilcox's price. Additionally, you may evaluate how the addition of Babcock Wilcox to your portfolios can decrease your overall portfolio volatility.